CONDITIONAL INTRADAY TRADE IN HDFC BK FUT
!!please note trade with caution!!
!!manage your risk!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
I think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in.
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
Stop loss: 1318
DATE: DECEMBER 22, 2019
Please Consult Your Financial Advisor Before Taking Any Decision.
NSE:HDFCBANK Sharp fall towards 2200 after market open which caused a runaway gap on the downside, only increases the probability of a short setup at 2279.15 with SL at 2290.50 and 2:1 target at 2256.45.
3:1 target at 2245.15 to be only...